Simplifa convinces investors: funding round of over two million euros secured

Berlin, May 5, 2020: Berlin-based PropTech Simplifa, which offers real estate owners an all-round service in the field of elevator management with the help of smart building and Internet-of-Things technologies, will receive additional growth capital of two million euros in the context of follow-up financing. Simplifa was able to win a new lead investor in the family foundation of Dr. Hans Peter Haselsteiner, founder and former chairman of the board of Strabag SE. Through his HPH Start-up Unit by Peak Pride, Dr. Haselsteiner is involved in the venture capital sector, especially in the areas of prop and construction technology. In addition, with the lead investors of the previous financing round, PropTech1 Ventures and Bitstone Capital, two dedicated PropTech venture capital investors have again invested in the digital property manager for elevators. Other new and existing investors such as Marc Stilke, former CEO of Immobilienscout24, also participated in the round.

On its digital, manufacturer-independent platform for elevator monitoring, Simplifa offers data-based and technically sound services for the holistic management of conveyor technology in buildings. Since its foundation, PropTech has already been able to collect 4.5 million euros in capital from investors and today manages more than 2,000 elevator systems from all asset classes nationwide. Its customers include companies such as Generali Real Estate, GCH Hotel Group and Becker & Kries, but also housing cooperatives such as GWG Viersen. Property management companies, nursing homes and real estate companies also rely on the optimization successes of the Berlin-based PropTech company.

“We are pleased that our business model and the resulting successes have convinced our investors to provide us with additional capital for our growth strategy,” explains Ludwig von Busse, co-founder and managing director of Simplifa. “We will continue to finance our strong growth and expand our technological services and products in order to position ourselves with our digital solution as the leading, manufacturer-independent service provider for everything to do with elevators in two to three years’ time”.

Alexander Fein, Managing Director at Peak Pride and the HPH Start-up Unit, explains the investment decision: “We have been observing the consistently strong development of Simplifa for some time now and know first-hand about the efficiency gains and cost savings that can be achieved through digital and optimized elevator management. Our investment decision was also accelerated by the fact that Simplifa’s remote maintenance solutions also proved to be an important asset in the Corona crisis”.

Nikolas Samios, Managing Partner of PropTech1, adds: “At the moment there is understandably a lot of uncertainty in the European start-up scene. However, the current Simplifa round shows that PropTechs, which generate a short-term ROI for their customers, are crisis-proof. Such solutions are needed more than ever in the ‘New Normal’.